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hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is what they are going to be called upon to explain, wh
as the country's legitimate government. rupert murdoch's top executive resigned after resigned -- after hacking allegations and the investigation deepens. the european union and the european central bank officials have welcomed the release of a new round of stressed chess as a step to repair the crisis- -- tests as a step to repair the crisis-battled banks. those banks failed to meet the european banking authority's new capital requirements. >> in the end, the number of failures was smaller than expected. the european banking authority gave most of the bank good marks. the tests tested where banks had enough capital to deal with all kinds of economic developments. eight banks failed the test. one german bank would have been on the list, but the bank pulled out in a dispute over the methodology. the test stimulates a deep economic recession in the european union. the banks had to have enough capital reserves to cover bad loans. share prices tumbled and unemployment tumbles. the institutions need to tap into their reserves. banks have to have a reserve cushion of at least 5% of their capital. bel
. the media tycoon rupert murdoch has made a personal apology to the family of a murdered british schoolgirl who's phone was hacked by one of his newspapers. the course of the day two of mr. murdoch's senior executives during the phone hacking period resigned. >> it was the day when a chief executive walked away from the company she served for half her life, the day when her employer and friend walked into a london hotel to say sorry to the family they fear they are victims of his paper's wrongdoing. rebecca brooks is the most high profile casualty in the scandal that has spread to both sides of the lan tick. she has been at the heart of the storm sweeping rupert murdoch's media empire and remained by his side. now she has decided to step away. in her statement she said, as you can imagine recent times have been tough. i now need to concentrate on rebutting allegations about my record as a journalist and editor and executive. ms. brooks said she felt a deep sense of responsibility for the people news international had hurt. >> i'm pleased that rebecca brooks had finally accepted responsibili
and rupert murdoch issues an apology. after years with barely a drop, some regions of kenya are paying a hefty price. >> normally, this area would be teeming with cattle and goats. as you can see, it is completely empty. >> the woman behind the creative crosswords shares tricks of the trade. ♪ >> amid a firestorm of controversy, rebekah brooks resigned as chief executive of news international. there are allegations of her role in the phone hacking scandal and illegal payments to police officers. she said she felt a deep responsibility to the people hurt. rupert murdoch apologized to the family of milly dowler, murdered girl whose hacked phone started the controversy. >> she is the most high-profile casualty so far in the scandal that has spread to both sides of the atlantic. for the past 10 days, rebekah brooks has been a part of the storm that has swept rupert murdoch's empire and remained by his side. today, she decided to step away. she said that recent times have been tough and i need to concentrate on correcting the distortions and rebuffing the allegations about my record as a
escalates, rupert murdoch and his son james prepared to face questions from a u.k. parliamentary committee. gaddafi must go. u.s. officials deliver an uncompromising message to their libyan counterparts in a secret meeting. the eurozone debt crisis worsens. fears for the major banks cause a stock market slump. u.s. secretary of state hillary clinton builds bridges on a two- day trip to india. it is 11:00 a.m. in singapore. >> it is 4:00 a.m. in london, broadcasting in america and around the world. this is "newsday." the owner of britain's biggest media empire, rupert murdoch, is to make his first appearance before a committee of british members of parliament on tuesday to face questioning about the phone hacking scandal at the "news of the world." his son james will also give evidence, and will the former boss, rebekah brooks. the scandal has already forced two a senior police officers to resign. >> he is ben yates of the are no longer, resigning just a day after his boss, sir paul stevenson. both paying the price for failing to get to grips with the hacking scandal. so said the mayor of l
'brien. pulling the plug on a major deal. rupert murdoch's news corporation ditches its bid for bskyb. mumbai under attack again. three explosions rocked india's financial capital, killing at least 21 people. and on at libya's front line, and to counter attack by colonel gaddafi's forces against rebels advancing on tripoli. >> you can hear it. ♪ >> welcome to our viewers on pbs in america and also a round the globe. the last few days have brought in a credible reversal of fortune for rupert murdoch's media empire. today came another blow. public and political pressure, news corporation withdrew its bid for bskyb. it is another casualty of the hacking firestorm. now prime minister david cameron has announced details of a far- reaching inquiry into recent events. for more on how the deal went bust, here is the bbc business editor. a warning, there is some flash photography. >> rupert murdoch, the great news mogul, in the news for the wrong reasons. putting on a brave face before one of the great humiliations' of his career, the abandonment for his attempt to take over bskyb. here is the explo
for an investigation of rupert murdoch's media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who's behind the cash and can the republicans compete? >>> president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they're still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that's a direct quote, if the u.s. treasury is deadbeat on its debt. >> ff we went so far as to default on the debt, it would be a major crisis. the treasury security is view as the most safest and liquid in the world. it's the foundation for much of our financial system
. for all their troubles, rupert murdoch got a boost when a saudi prince who controls much of the company voiced his support. what about the rest of the board? it is addressed in an article in "the daily beast" today. news corporation shares are up. the news hacking scandal is off the front pages for the first time in two weeks. but independent directors have hired their own top lawyers. why? >> we are getting mixed signals. we have heard the board have hired some lawyers to protect shareholder value and to guard against their own legal exposure. there have also been reports that some of the more independent minded directors are beginning to think about ways in which rupert murdoch could give up his title as ceo of the company. on the other hand, this is a board murdoch controls pretty firmly. it is hard to say what will happen yet. >> who exactly is on the board? >> it is a funny bunch. there are 16 board members. they cover a lot of ground. there is a former head of state and there is an opera singer. there is quite a range of experience. the one thing they all have in common is they ar
the united states may plunge into financial crisis. plu, media mogul rupert murdoch is just hours away from being grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." >>> the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls armageddon. let's check in with kate baldwin. she's standing by with the latest. where do the negotiations stand right now? >> the two top republicans in the house. no official readout from the white house, but president obama says we are making progress when asked today by reporters how the debt talks were going when he was leaving an event in the rose garden. on the part of speaker boehner, a spokes
as billionaire rupert murdoch apologizes to the parents of a murdered 13-year-old girl. the president tells congress time's up for a plan to avoid default. >> let's at least avert armageddon. >> pelley: chip reid is at the white house. after a collision on the taxiway, we'll ask captain sully sullenberger about close calls at the airport. and section 60, arlington national cemetery. david martin takes with us where the newly fallen lie in rest and families never part. >> kind of calls arlington heaven. he wants to think this is heaven, that's fine. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. late today, the poison spreading in one of the world's largest media empires reached america. the c.e.o. of dow jones, publisher of america's largest newspaper, the "wall street journal," has resigned. less hinton is one of two top executives forced out of rupert murdoch's news corporation today. murdoch owns the "journal," fox television, and many other networks and newspapers all around the world. it was sleazy reporting techniques by a murdoc
that scotland yard has made an arrest in the scandal that has rocked rupert murdoch's media empire and yet another remainor how serious the hacking investigation is. london's top police officer faces a public grilling today. dan rivers is on that for us. dan, what do you think? >> reporter: paul stevenson, the top policeman in the uk, is being questioned at the moment by the metropolitan police authority. particularly coming under pressure because, this morning, they arrested a former deputy editor i "the news of the world" neil wallace, arrest number nine as part of this and the other inquiry into corrupt or bribing police officials for information. now, the important thing is here is already we know one of the senior policemen in scotland yard john yates has already admitted having lunches with neil wallace, the man now arrested. a lot of pressure on one senior policeman, john yates, therefore, top pleasure on the top policemen. rupert and james murdoch are hounded in the people behind the building me to come and appear and justify what happened in their newspapers. james murdoch saying
at the temperature or any heat advisory log on to wjz.com. >>> rupert murdoch is claiming ignorance. he testified before british parliament. he fought off lawmakers and an attack from a protester. >> reporter: dozens of cameras swarmed rupert murdoch's range rover as he arrived at parliamentary hearing with his son james. their testimony came to a hault when a man plunged at him with a plate of foam. earlier, murdoch testified he had no knowledge of the alleged hacking of the news of the world. >> i was absolutely shocked, appalled and ashamed when i heard about it. >> what happened at the news of the world was wrong. we and i have apologized for that. >> reporter: rupert murdoch briefly address the fbi investigation into possible 9/11 hacking victims. >> we have seen no evidence of that at all. >> reporter: murdoch say he's not ultimately responsible for the hacking is scandal and though he's chief executive. he blames individuals at the paper. lawmakers also grilled the formaller deadtor of the former editor of the news of the world rebekah brooks. >> i can say i never sanctioned. >> reporter
, and bob schieffer on the countdown to d-day. the alleged tactics of rupert murdoch's newspaper may now include stealing the medical records of britain's first family. liz palmer has the latest. u.s. troops are being cheated out of their money. armen keteyian's investigation shows us that it's happening on their own posts. and passing the wand. michelle miller on "harry potter" fans taking the magic into the future. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, with the car heading for a cliff, republicans and democrats are arguing about whether to turn left or turn right and they are fast running out of road. a deal to raise the government's borrowing limit will have to be done soon or the u.s. will ident and congressionalpr leaders met again this afternoon. the hangup is whether the deal will include tax increases as the democrats insist, or only spending cuts as republicans demand. we have three reports tonight on the deadline to default. first, chip reid at the white house where the president had a news conference today. >> re
over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went before reporters to keep pushing raising the debt ceiling limit before the august 2 deadline. he seems to be softening his terms somewhat. let's go to the white house. our correspondent dan lothian has the very latest. >> he said it' time for law makers from both parties to make tough choices. he says he's been willing to put entitlement programs on the table, but even so, there's no deal tonight. and some republicans are saying it's time for the president to put his own plan on the table, not make another speech. presiden
? this afternoon, rupert murdoch acted to underline -- >> this afternoon are rupert murdoch acted to underline her actions, traveling to see his daughter. -- to see the family of and the daughter that was the victim that has sparked this outrage. >> it was a private meeting. i was appalled to find out what had happened. that is why i went there to apologize. >> this solicitor's vote for the family. >> he was humbled to give -- spoke for the family. >> he was humbled to give a full and sincere apology to the family. the dollar family told him -- dowler family told him that his paper should lead the way to set the standard for honesty and decency, and not what has gone before. >> tomorrow, rupert murdoch's signature will appear on a further apology in every one of the u.k. papers. the news of the world was in the business of holding others to account, he said, and it failed when it came to itself. rebecca brooks may have left the bridge, but her role in this forthcoming story will ensure she remains in the headlines. the fallout continues on both sides -- >> the fallout continues on both sides of th
committee of parliament earlier this week. rupert murdoch got a boost when a saudi prince that was the largest share of the company outside of the murdoch family voiced his support. nick, tell us, news corp shares are up for the first time in about two weeks. but the independent directors have hired their own lawyer. or why? >> we are getting mixed signals from the board. they have hired lawyers to protect shareholder value and to guard against maybe their own exposure. there have also been some reports that some of the more independent directors are thinking about ways in which rupert murdoch could give up his title of ceo at the company. this is a board that he controls pretty firmly. >> who is on the board? >> is a funny bunch. there are board members that cover a lot of ground. there is an opera singer. quite a range of experience. they are there because he wants them to be. he can control them through loyalty or maybe they spend their entire career there. >> will the board wants him to be succeeded by another? or is it time for someone outside the family? >> i think w
, rupert murdoch's top lieutenant in the uk has been arrested on suspicion of corruption. earlier she resigned from her position as chief executive of news international. in the wake of the scandal rocking the murdoch empire. much more on this developing story later in the program. >>> casey anthony is a free woman this morning. she walked out of jail just after midnight, 12 days after she was acquitted of the murder of her daughter, caylee. anthony is met by jeering crowds and spirited off to parts unknown. and in tripoli, libya is rocked by explosions after a heavy round of nato bombing. it's been four months since nato launched attacks to force moammar gadhafi from power, still, he hangs on, defined as ever, still refusing to surrender. while earlier this week, the u.s. government recognized the group as libya's government. first we turn to the drama that has washington tied in knots, the battle raising the debt ceiling. no white house meeting that the president and congressional republicans retreated to their respective corner, but behind the scene, furious strategizing in a bid t
of the tape did include evidence that the judge ordered as inadmissible. >>> about-face for rupert murdoch. they have agreed to appear before the parliamentary. initially murdoch said he would not be able to attend the july 19th hearing. the probe was launched yesterday in response to allegations that journalists working for murdoch's empire illegally eavesdropped on phone messages and bribed police. >>> and new jersey senator, the democratic lawmaker that just called on the u.s. attorney general to investigate whether this phone hacking scandal has reached the u.s. we will be speaking with him. >>> in less than an hour, the man accused of murdering a 8-year-old brooklyn boy makes his first court appearance. the boy disappeared on his way home from summer camp. the surveillance video is the last time that he was seen alive. the video shows him talking to a stranger identified as evie aaron. police charged aaron with murder. officers say they found human remains in his freezer and a trash bin two miles from his apartment. he told police he killed the boy in a panic after seeing the child's
screen grabs of murdoch slapping down the pike thrower. a picture of rupert murdoch and when the murdoch after losing the testimony -- leaving the testimony. here is "los angeles times" with the same picture. "murdoch rejects blame in scandal." here is the headline out of toronto. "news core defense, sorry but not at fault." here is "the financial times" this morning. "most humble day of my life," that is the headline there. "the washout -- the washington post," "murdoch's apologize to lawmakers" is the headline. here is "usa today." there is is in the money section. "murdoch has most humble de." from "the new york times," who has been playing this out quite a bit. in the left-hand column -- "murdoch's denied that they knew of illegal acts." here is one from the tabloids in new york, "the daily news." "humble pie." that is not a tabloid that he owned. one that he did alone, "the new york post," the story came on page 35. "frank talk at probe." from "the wall street journal," and other paper that he owns, " murdoch's are grilled." of course, the attackers story gets played. murdoch apolog
again to strike a deal to raise the debt limb. media mogul rupert murdoch is summoned in to face lawmakers who are investigating phone hackers within his media empire. i'm wolf blitzer in "the situation room." all right, bargaining over america's debt under way right now. president obama went into the fourth round of talks in recent days, upping the ante. he's suggesting that failure to reach a deal by the august 2 deadline could immediately cost many americans who rely on a government check to get by. they're meeting inside the west wing as we speak. what's the latest. >> as we speak, wolf, this is really the first time we've heard the president specifically illustrate consequences that will make many americans ears perk up. this as this meeting continues. no cameras allowed today for a photo opportunity as president obama talks with the top eight democrats and republicans in the house and senate is an impasse over tax increases continues. >> as an impasse over tax increases continues. president obama illustrated a nightmare scenario where social security payments stop going out
the scandal threatening rupert murdoch. >> can you believe this story? >> unbelievable. >> this story keeps growing. >> it's sort of engulfing different facets of the world. and you can't imagine that it wouldn't come to the united states. >> the guy shows up dead. jude law is now a part of this? in a serious angle that brings this scandal to the united states. >> first, rupert murdoch and his son are preparing to appear before parliament today. police are arresting 11 people since the hacking and bribery allegations emerged including the ceo rebecca brooks who heads to parliament today. uk police being questioned by parliament. they're under scrutiny for failure to investigate previous hacking incidents and alleged ties to executives in murdoch's companies. and "the new york times" reports that aides close to the murdoch family spent years and millions of dollars covering up wrongdoing at the now defunct "news of the world," the "times" cites interviews with hundreds of current and former employees say "the news of the world" paid police for information. and a twist to the story, a reporte
. in britain rupert murdoch's media empire is at the center of a widening scandal over how far tabloids will go to get a story. it started with phone hacking, but now it includes allegations of bribery. and elizabeth palmer tells us that the royal family and a former prime minister may be among victims. >> reporter: today there were widely reported allegations that in 2007 the editor of "the news of the world" tried to pay $1,500 for a confidential directory of the royal family's phone numbers. and the seller? police officers assigned to protect them who also sold the paper information on where the queen and her family would be. and there's more. accusations that another of rupert murdoch's papers the "sun," obtained the medical records of former prime minister gordon brown's baby just after he was diagnosed with cystic fibrosis. it was rebekah brooks, murdoch's british c.e.o., who called the browns to tell them the story was running, this according to former political aid david muir. >> they didn't know how rebekah came across this information and now that it's come to light it was obtained by
. the hacking scandal scuttles rupert murdoch's plans to expand his media empire, and now members of congress are calling for an investigation. on the front line with libyan rebels as they battle for a key village. and team u.s.a. advances to the finals. but will these winning women have a future in soccer? once they get home. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> good evening. scott is on assignment tonight. i'm russ mitchell. pressure is on congress and the president to reach a deal on debt. default could lead to financial clamity,. the president met congressional leaders back at the white house today for yet another negotiating session. we have reports from nancy cordes, chip reid and anthony mason, nancy, we'll begin with you at the capitol. >> reporter: good evening. the chairman of the federal reserve had a stark warning for members of congress today. he said if the debt limit isn't raised by august 2, the federal government's cash flow could plummet by 40%, because that's how much the nation borrows. >> so this is a matter of arithmetic fairly
. and the "roundtable" debate the politics of the divide. plus -- >> i apologize. >> rupert murdoch under fire. heads s ll at his media empire, but will that be enough to save it? >>> and in africa, a cry for help. millions, threatened by an epic drought, the worst in 60 years. we'll take you there. then, we're live from germany where the american woman's soccer team has a shot at making history. >> announcer: live from the newseum in washington, "this week" with christiane amanpour starts right now. >>> welcome to the program. we've got lots to get to this morning. but, first, some headlines since your morning papers. there is breaking news to report in london. the bbc has learned that rebecca brooks, rupert murdoch's top lieutenant in the uk has been arrested on suspicion of corruption. earlier she resigned from her position as chief executive of news international. in the wake of the scandal rocking the murdoch empire. much more on this developing story later in the program. >>> casey anthony is a free woman this morning. she walked out of jail just after midnight, 12 days after she was acquitted of
korngss, including rupert murdoch's news corp. i'll ask him about that scandal, america's economy, and revolution in the middle east. also tonight. >> time is of the essence. we are running out of time. >> if america's debt rating gets downgraded, every interest rate in america will go up. >> two senators, democrat and republican, who think they've found a way out of this country's $14 trillion debt crisis. and a man who has strong opinions on just about everything, from casey anthony to president obama, to harry potter and the space shuttle. what will he say tonight? i'll ask the opinionated new voice of "the new york times." this is "piers morgan tonight." >>> good morning. "time" magazine calls prince alwaleed bin talal the arabian warren buffett. when he talks, the business world listens. tonight prince alwaleed bin talal joins me from the four seasons in paris where he's on vacation, to share his unique perspective on america's debt, the middle east, and the news corp. scandal. your highness, thank you for joining me. let me start right from the top by asking you of your impr
. >>> i want to start with another apology today. this from rupert murdoch. responding to the hacking scandal from the u.k. what this shows you, this tape, it is murdock going into a meeting with the family of the murdered british teenager. it was that teenager's hacked voice mails that sparked the outrage into the scandal. listen. >> shame on you. shame on you. shame on you. shame on you. >> mr. murdoch, will you tell us what you said to the family? >> if you just keep silent for a minute. it was a totally private meeting. >> keep your head down, mate. >> i'm the founder of the company. i was appalled to find out i apologize. i have nothing more to say. >> nothing more to say at that moment. he did have more he went on to say. murdoch posted an ad in several british newspapers. he said, "we are deeply sorry for the hurt suffered by the individuals affected." the news of the world was in the business of holding others to account. it failed when it came to it self. rebekah brooks oversaw the news of the world. she resigned. another head of murdoch's companies has stepped down as well.
the lead opposition. will they look into their contacts with rupert murdoch and his organization? >> after 136 questions, it is in genius to come up with something entirely new. i pay tribute to my hon. friend. i'm sure the judge will be able to look at all the vested interests and the power they wield in our country. >> i was advised it was well 138. but we will sell for 136 members who have had the opportunity. i thank everyone for participating. we do want to move on to the debate. i will briefly attend to points of order. >> during his statement, the prime minister said that there were 45 government documents. i'm sure that many people would like to see evidence of that. the contest for the prime mr. to arrange for that evidence to be placed in the government library. >> he has raised -- the issue he has raised is a continuation of the debate. >> is it in order for witness to refuse to answer select committee standards? -- select committee questions? >> what i would say to the hon. gentleman is that this is the first and never heard of this. witnesses before select committees should se
of "independent television news." >> reporter: this is the humbling of a media mogul. rupert murdoch has come to this central london hotel to pay penance to apologize for the first time to the dowler family. over allegations the "news of the world" hacked into their daughter milly's phone after she died. they arrived half an hour later yesterday, rupert murdoch called the wall street journal, one of his own papers, just to insist that the phone hacking crisis had been handled extremely well in every way possible. he said there'd only been a few minor mistakes. today, he tried to stop the rot. >> i'm the founder of the company, i was appalled to find out what had happened and i apologize and i have nothing further to say. >> reporter: the dowler family's lawyer said he believed the tycoon's regret was genuine >> yes, he did apologize, he apologized many times. i don't think somebody could have held their hands in their head in their hands so many times to say that they were sorry. >> reporter: rupert murdoch's used to having everything his own way, but no longer. he's already abandoned his bid
to their conference and they say, more cut us. parliament demands an explanation from rupert murdoch. why is the best known libertarian leaving congress? [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. with new extra-strength bayer advanced aspirin. it has microparticles, enters the bloodstream faster and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin. it's clinically proven to relieve pain twice as fast. we inspect your air filter, cabin filter. there's bugs, leaves, lint, crud. you'll be breathing that. i do believe it's part of a locust. make sure your alignments good. your brakes are good. you've got all sorts different things that you check off. your fluid levels. pretty much everything you could need. it gets done. it gets done quickly. and it gets done correc
. they can't force rupert and james murdoch to appear but they can force rebecca brooks to appear. if she continues to refuse to respond, issue a summons to her, they receiptcally they could send their security apparatus of the house behind me down to actually force her, you know, arrest her effectively to come along. >> all right. dan rivers for us. thanks so much. we will continue to follow this, of course, every day, new development and more troubling development. >>> still to come this morning, high ask dry. first lost their paychecks and now there may not be any beer to help pass the time during the government shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hote
range. >>> there is new fallout from britain's phone scandal that is threatening rupert murdoch's media empire. murdock is in london trying to do some damage control. >> reporter: media mogul rupert murdoch faced a mob of reporters easy met with his embattled ceo, rebecca brooks, in london. british police will question her later this week about the phone hacking cover-up that happened on her watch. cameras caught murdock reading sunday's final edition of the news of the world. the paper ended a 168-year run after news broke that journalists were hacking the phones of murder and terrorism victims for stories. >> there will have to be some kind of massive, massive clearout of the stables really. it just looks terrible. >> reporter: london's "daily mirror" tabloid is hitting murdock with more claims of corruption involving 9-11 victims. the paper quotes an ex-new york city cop saying news of the world reporters offered to pay him for phone records of the dead. the phone hacking scandal boiled over last week with a case of milly dowler, a british team murdered in 2002. her parents met with
for your insight. >> you're quite welcome. >> mitchell: in other news, media magnate rupert murdoch is in full damage control mode this weekend, trying to defuse the phone hacking uproar on both sides of the atlantic. dana lewis in london has the latest. >> an apology to a nation. major british newspapers today carried full-page advertisements from rupert murdoch and his company, news international, embroiled in phone hacking and police bribery. "we are sorry for the serious wrongdoing that occurred." and tomorrow another ad promising next steps. they include help from two former u.s. justice department lawyers to, as the ad says, put right what's gone wrong. murdoch is struggling to save his company, newscorp, the second largest media conglomerate after disney. yesterday, he accepted the resignation of his chief british c.e.o., rebekah brooks. hours later in the u.s., the resignation on les hinton, c.e.o. of dow jones, which publishes the "wall street journal." gone are two key executives who served as firewalls in the growing scandal of phone hacking. >> the thing about firewalls
, thank you very much. now to the latest on rupert murdoch. his mediale pirs includes the times of london, the "wall street journal" and the fox net would and he was on the verge of acquiring the british sky broadcasting network. but elizabeth palmer reports the tabloid hacking scandal forced him to pull the plug on that deal today as lawmakers on both side called for investigations. >> reporter: it's a sight many people thought they would never see. media tycoon rupert murdoch in retreat. today he abandoned his controversial $12 billion plan to expand into britain's lucrative satellite television business in a surrender to public outrage and political pressure. >> what has happened to this company is disgraceful, it got to be addressed at every level, and they should stop thinking about mergers when they've got to sort out the mess they've created. >> reporter: the prime minister dave cameron met today with the parents of the teen-age girl milly dowler whose stone lies at the heart of this scandal. she was murdered in 2002, but only last monday the public learned her phone had been hacke
for a company like that to function, clearly it does not depend on rupert murdoch or james murdoch. clearly, as a ceo, you have other functions that are managed by certain people. i'm not worried about it at all because i do interact a lot with news corp., and i see a lot of depth at the management level at all levels. >> what mistakes do you think they've made managerially in handling the scandal? because the one thing that everyone seems to be in agreement about is they haven't handled it very well. >> you know, news corp. is a conglomerate that is really so diverse. it's available in five continents. if you take only the newspaper arena between -- among the united states, uk, australia, and other countries, you have hundreds of newspapers that have been published. clearly, "news of the world" in the uk went out of control, and the lesson learned here is that mr. rupert murdoch, james murdoch, and the management and board of directors there, they have to have more stringent rules and regulations. they have to tighten the boss a lot more internally, and they have to have independent comi c
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